District trends
Neftçilər apartment prices
Average AZN/m²
2 665AZN/m²0.2%
Active listings
8,257
Baku city-wide
-3.9%Neftçilər is priced in the upper range of Baku's areas. There are currently 8 257 active listings, with an average price of 2 665 AZN per square meter. Prices were stable this past week. That is slightly below the Baku average.
Compared
This district
2 665 AZN/m²
3.9% below Baku
Baku city-wide
2 773 AZN/m²
median price per m² across 51 982 active listings, 3 November
Nearby districts
2 409 AZN/m²
13.1% below Baku
2 938 AZN/m²
6.0% above Baku
2 526 AZN/m²
8.9% below Baku
Sale price trend
Sale - by room count
RoomsAvg AZN/m²MoMActive
1 rooms3 0560.7%603
2 rooms2 8090.3%3427
3 rooms2 5560%3455
4+2 424+0.1%772
Rent price trend
Rent - by room count
RoomsAvg AZN/m²MoMActive
1 rooms122.4%320
2 rooms100%1978
3 rooms90.8%1026
4+80%66
Rent yield
Expected yield
4.2%
A typical apartment rents for about 650 AZN a month, 7 800 AZN a year. At that rate it pays back its price in about 24 years.
Top complexes in this district
Frequently asked questions
The average apartment price in Neftçilər over the past week is 188 000 AZN.
A square metre in Neftçilər is roughly 2 665 AZN.
Over the past 52 weeks the average price per m² has risen +4.4%.
The average 2-room apartment in Neftçilər is 160 000 AZN.
The gross annual rental yield in Neftçilər is about 4.2%.